A steady day all-round today for Asia following Thursday healthy US session. The Hang Seng bounced back the 1% that it lost yesterday, although still has a little work to do. The Tech and Energy sectors have eventually found buyers and encouragingly they finished with a strong bid. Shanghai added 0.23% led by healthcare but, […]
The protests in Armenia are continuing. Now Al-Jazeera reports that the soldiers are joining the people. Back on April 23rd, Armenia celebrated the resignation of Serzh Sargsyan, the man who had ruled Armenia for ten years as president/dictator and then for a week changing his title to the Prime Minister. Everyone celebrated and shops ran out of champagne. […]
The Greek tax authorities are really destroying any semblance of a free society all to satisfy the EU. Tax agents have been pretending to rent houses for a vacation and then monitoring if the people pay taxes. The government is pro-actively sending out people to do business and they are looking to see what you do. […]
QUESTION: Okay Marty, You keep saying “the world monetary system will have to be reformed.” Spill! What do you hear behind the curtain? Cheers, EM ANSWER: I just returned from Europe where I had meetings with some high levels of interest. The great concern in Europe is the end of QE for there is a serious […]
It was China’s market that took the hit today with both mainland Shanghai and the Hang Seng declining over 1%. It was tech that lead sentiment lower again today following rumours of US probing Huawei Technologies and that spread to the sector. These concerns appeared to be confined to China, although the financials and property […]
COMMENT: You are wrong. Trump is the entire reason the country is divided. HR REPLY: I have stated numerous times that this is a global trend. Now the BBC has taken a world survey on this very question. This is the Ipsos MORI study, which was carried out in 27 countries for the BBC. You […]
COMMENT: Good morning Mr. Armstrong, Thank you for your service to Mankind! I look forward to seeing you and Vicky again in Orlando. I was reading your Blog on stem cells and felt compelled to send you the attached. … One other item of note; one of my other clients had their boat seized in […]
When you consider the DOW was off 550 points you would have expected significantly more weakness in Asia, but that was not to be! With 15mins trading time to go we saw the DOW bounce 10 points a minute to close off 400 and that almost gives you the kind of liquidity the markets are […]
QUESTION: Do you think stem cell research will be the next advance in medicine? KW ANSWER: It is a shame that much is misunderstood and has been driven offshore. So many people think Stem Cells are taken from dead babies. They are gathered from the umbilical cord but can be extracted from your teeth or even […]
COMMENT: The Hunt for taxes Just to bring to your attention a scandal coming out with the Tax office in Australia pursuing aggressive revenue targets, and using unethical practices to generate it. D ANSWER: The scandal in Australia with the head of the Tax office is shocking involving a $165 million tax-fraud syndicate scandal. The police […]
